Jaguar is a popular name in luxury car segment that was founded in the year 1922 (Jaguar.com 2021). Jaguar Land River has become a Tata product in 2008.Jaguar is mainly founded in Britain and has been designed for addressing the need of premium segment. The company revenue has reached 22.98 billion GBP in between the year 2019 and 2020 (Jaguar.com 2021). The current CEO of Jaguar company is Ralf Speth. In the year 2021, the company has employed almost 44000 numbers of people and in between 2011 and 2018, huge growth has been achieved by the brand. In the year 2017, the company has sold around 604009 numbers of vehicles in the global market case study. Students urgently need expert assignment help when they are facing problems with understanding difficult concepts. Our writers are available for 24*7 so you can ask for help anytime you wish.
In this section SWOT analysis of Jaguar company has been represented for reflecting the strength, weakness, opportunity and threats associated with the company. The SWOT analysis significantly concentrates on providing will test and management methodology that concentrates on enabling comparison of the organization with its competitors in a specific industry. And You just have to use the plagiarism checker tool from Tophomeworkhelper.com.
Political stability can be considered as the most important element in business that needs to be considered by the companies while making strategic decisions. In case of Jaguar it is very important for the company to critically analyze Political situation in different countries in terms of operating in the Global context (Armeni 2017). Taxation policies along with government regulations and trade restrictions made by government between different countries can impact on strategic decision making process followed by Jaguar.
Over the last few years several changes in economic segment has been seen. Due to several changes in government policies the spending of the customers has also got changed. Reduced investment of government in the car manufacturing industry has impacted on Jaguar (SPOTLIGHT 2020). Increase infrastructural development improved transportation and networking process can easily contribute in improving supply chain of the company. However when the inflation rate increases in different countries in that case the company need to compromise with its pricing processes.
The societal Trends are changing with the change of economic stability. The income growth among people has increased interest towards luxury brands. Being a global organization Jaguar is clearly aware regarding the religious values as well as believe of the customers who live in certain region (?i?i? 2020). Specifically working in developing countries like India, Bangladesh Pakistan, respecting the cultural values the company has always tried to maintain its ethical procedure to ensure smooth that read between the customers and suppliers. Increasing population across the globe has also impacted on automobile manufacturing units.
Technology has become an important element in current business environment because due to repeated innovation in automobile segment it has become really challenging for the organizations to maintain continuous improvement in their products (Nath and Dwivedi 2021). In case of Jaguar it has been found that the company is already known for its cutting edge innovation as well as car design. Jaguar is using aluminum technology that has helped the company to manufacture more efficient cars. Company has also successful established automobile virtual reality testing workshop saving resources and time.
While operating outside of UK it is an important responsibility of Jaguar to properly follow the thread regulations as well as employee rights regarding acts do have been proposed by government of that specific country (Bailey, 2021). Depending on the regulatory framework followed by the government on that specific country the intellectual property reserve and patent related safety and security can be maintained by avoiding fake product and names. After getting approval from the government the basic prices and costing are being said by the car manufacturing organizations like Jaguar in terms of maintaining fair competition in the market. Not only the legal Framework proposed by the government but also it is very important for Jaguar to consider local car manufacturing brands those do not need to pay taxes as per the foreign investors which can create price war. Therefore it can be stated that while making strategic decision it is an important responsibility for Jaguar to critically consider the legal framework followed by the specific country.
Environment has become an important concerning area in current business environment because due to increasing concern of sustainability along with awareness among people regarding environmental issues the motor industry has got highly affected (Maulana et al. 2017). All the car manufacturing organizations are working hard for ensuring minimum wastage and emission in terms of maintaining sustainable approach. Jaguar is also taking various initiatives for renewable energy resources which can help the company to maintain its sustainable commitment.
Conclusion and Recommendations
By summarizing the above findings it can be stated that being a global organization Jaguar has successfully established its brand image in the market by introducing premium quality of innovative card in the market (Arias et al. 2021). Along with several opportunities in the market the company can face major challenges in terms of sustaining its business in the competitive market. In order to deal with the situation following recommendations can be beneficial for the company
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